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if this fiscal cliff lingers. >> steve, thanks so much tonight. we have learned more tonight about why secretary of state hillary clinton is in a new york city hospital. her doctors confirm she is being treated for a blood clot between her brain and skull. they say she did not suffer a stroke or neurological damage but clinton remains hospitalized tonight. nbc chief foreign affairs correspondent andrea mitchell joins me now from washington with the latest on that. andrea, good evening. >> good evening, kate. hillary clinton was set to return to work, until doctors discovered the blood clot that formed in the vein situated between the brain and skull behind the right ear. they say she did not have a stroke, did not suffer neurological damage but will have to be hospitalized for the time being. she's the administration's most high-profile frequent flier. 112 countries, nearly 1 million miles. more than 400 days of travel. named in a gallup poll today as the world's most admired woman. widely viewed as the democratic front runner in 2016, if she chooses to run. now grounded at a new york hospital.
this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from the harry reid. we have congressional ping pong going on. you said it is time for house republicans to put middle class families first bypassing the senate's bill to protect 98% of americans on january 1st. the senate bill could pass tomorrow if the house republicans would lead it come to the floor. the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. wh
for the jefes. >> glor: john blackstone, thank rou. john mentioned the fiscal cliff. tinight we've learned democrats emocraw moving ahead on their hei plan to avoid it now that talks have broken down with john boehner. white house and congressional leaders have until january 1 to lork out a budget deal. resident obama is in hawaii on udget dn. nancy cordes is there as well. nancy, good evening. nancy, goor: jeff, this would : sentially be a last-ditch effort to avert the fiscal ially be sources tell us that aides to the president have been in talks preliminary talks, with aides to senate majority leader harry elf who himself was here in hawaii this weekend for the funeral of senator daniel inouye. eid is now working, we're told, on a smaller package than the comprehensive deal than the president was working on with speaker boehner. than tmall package would prevent tax rates from rising for middle-class, perhaps cut some spending and tie up a few other loose ends. so far, though, senator reid has so fbeen in touch with republicans over this plan. blicans ovent and the first lady as you men
. if democrats didn't like it no one wanted wouldd. >> yes over the fiscal cliff. >> yes. >> roon? >> a small deal and the rest will go over the cliff. >> you heard it here. thank you very much for joining us. >> great to be here. all eyes are on the senate to come up with a deal the house can pass. coming up. chris wallace sits down with two senators. republican lindsay graham and diane feinstein to see if there is time for a deal. >> national hockey league does making a new offer to the players in hopes of breaking the stale mate. it was presented to the players on the thursday . players and owners have not discussed the lock out. and nhl season is cancemed through the franth. they had said they don't want a season with fewir than 48. >> fbi and marilyn monroe . was there a link between the movie star and communist party. correspondant ixplains what new documents were released and say about the late actress. >> the fbi released new information about actress marilyn monroe. they were monitoring for ties to communist. >> she had a lot of high profile friends and under media scrut ninny . some
. that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast and new england. causing new trouble for post holiday travelers. an american airlines plane ended up stranded on a snow. >> tarmac in pittsburgh. just outside new york city a southwest jet got stuck in the mud after skidding off the runway. in some of the hardest hit area the roads are even worse. >> i lost count of number of cars in the ditch. a jackknifed tractor trailer and a horse trailer turned over. >> i have seen ten cars in an accident. i saw a lexus fly into the ditch. >> i wish people would slow down a little bit, you know. it is pretty slick. >> harris: the storm will go into the his tor the history br leaving
's a word that might apply to this entire fiscal cliff situation. >> major garrett, thank you very much. >>> republican senator bob corker of tennessee has offered proposals in recent weeks to break the stalemate in congress. senator, good morning, good to see you. >> good morning, jeff good to be with you. >> are we going over the cliff? >> well it depends on what that means. i think 98% of the people in our country can be assured that at some point over the next short period of time, their income taxes are going to be the same but this congress as you know has been more prepared than any to deal with the big issues our nation faces and what you're seeing is a lack of courage to deal with the spending issues. unfortunately, you know today the average american doesn't realize that there's 40% of government services that they're not paying for. only one-third of medicare is paid for by those people who actually use it and because there's been this charade going on, where the left and right basically have conspired together to shield the american people from the tr
tomorrow. >>> tonight a new hurdle in the race to avoid the fiscal cliff. the weather. a powerful winter storm blasting the nation as president obama and lawmakers try to get back to washington. >> all eyes turn to plan c. >> i would hope that we would have one last attempt here to do what everyone knows what needs to be done. look at the front page here. it says obama headed back to work after short vacation. >> i think the president is eager to go over the cliff for political purposes. >> if we go off the cliff unimpeded, it's a $400 billion tax hike. >> outrage after a newspaper gets its hands on the names and addresses of gun permit holders and then publishes the information online. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> isn't it possible that if we got rid of these, if we replaced them and said you can only have a magazine that carries five bullets or ten bullets, isn't it just possible that we could reduce the carnage in a situation like this? >> i don't believe that will make one difference. >> oh, my god, a tornado. >> winter weather threat
with the president and key congressional leaders. >> thank you. if the fiscal cliff can be avoided there is another gigantic hurdle awaiting the lawmakers. >> they will hit the credit limit of $16.4 trillion on december 31. the nation thereafter can't pay the bills unless congress raises the limit. >> with a new congress in january we need to revisit an finally give ourselves the determination to solve not only our short-term debt but the long-term debt. >> they raised the debt limit 11 times in a decade. most recently in august 2011 after a bruising political fight. democrats accuse republicans of using the debt limit as political "leverage" to press for spending cuts. a point they tried to make with a jarring comparison. >> this is somewhat to taking your child hos tam and saying i'll shoot my child if you don't do what i want done. you don't want to shoot your child. no leader wants to default on the debt. >> they said there is breathing room and the treasury department will take extraordinary measures authorized by law. that will create head room under the debt limit. under normal circumstances
in chicago for us. thank you. >>> and it is the dreaded fiscal cliff that has the president heading home early tonight from his hawaiian christmas vacation. as some lawmakers are also heading back to washington. but with just six days to go, homes for a last-minute deal may be fading. nbc's kristin welker is with us tonight from honolulu. kristen. >> reporter: natalie, good evening. with president obama flying home this evening, the political rhetoric has already started, with republicans urging action in the senate, and with democrats calling on republicans to put middle class families first. the president and first lady spent part of their christmas visiting troops in honolulu. >> we want to say thank you. we love you. >> reporter: but now he heads back to a snowy washington, where the last hope for a deal to avert the fiscal cliff is the senate, which returns tomorrow. majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we'
, david lee. back to the fiscal cliff. don't blame congress for this scramble, blame the media? ands can put them at increased risk for plaque buildup inheir arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alonaren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol . [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines yore taking. ll your doctoright away if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects. ♪ is your cholesterol at goal? talk to youdoctor about crestor. [ femalannouncer ] if you can't afford your medication, astrazeneca may be able to help. >> this is new york's times square with a million people on average watching the ball drop and people are getting ready for the tradition
this whole fight over the fiscal cliff, the rangeling in washington has already caused a hit on the economy. can you explain sort of what the impact of the debate has been. >> you dw definitely seen it. ju as early as friday when we report that the president was not making his new offer with offers down at the white house. we saw the stock market sell off rather dramatically just in those couple of minutes as that news was coming out. i got to say that over the past 24 hours or so the stock market has been relatively calm sort of expecting a deal, expecting that lawmakers will somehow come to a consensus here. in terms of long-term planning, this is difficult for businesses who don't know what the tax situation is going to be for the next year. it's that uncertainty. so many businesses have such difficulty, and a lot of folks do say that there are a lot of hires that would have been made in the economy right now. new jobs created. new people added to existing companies that haven't happened as a result of this hangover over the economy, which is coming from the fiscal cliff. >> all right. a
." thank you. gregg: this lawmakers do not reach a deal with regard to the fiscal cliff cuts will go into the defense department. >> reporter: the whole package of spending cuts is $1.2 trillion, half to the defense department. the army, navy, air force marines would take equal cuts according to one analyst who says the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping t
about how the fiscal cliff will hurt cities across the nation, philadelphia mayor michael nutter. mr. mayor, thank you so much for being on the show. >> thank you, luke. >> obviously, you've been very outspoken about how the sequester could have the severe impact on budgets for cities around the country. talk about that a little bit. we're only six days away. are you surprised by the lack of action here in washington on the fiscal cliff considering the dire implications for a lot of budgets in cities around america? >> actually, look, i am surprised. been around the block just a couple times. i've seen different things in the past, but this is very serious business, and apparently some members of congress just don't get it. the -- you can call it whatever you want to call it, but certainly fiscal is in front of it and it's not good. taxes going up for all americans, not a good thing. significant, possibly devastating budget cuts coming down to certainly state and local governments, not a good thing. and so this seemingly bad game of chicken, you know, this is not some schoolyard game
fiscal cliff problem isn't just an isolated incident. it's representative of how partisanship have taken over congress. i'm 18 and i go to college in d.c. i used to be excited for the future, but i don't want to live in a country that doesn't have a successful working legislator. congress, it's time for you to remember what your purpose is and get back to doing your job. >> the fiscal cliff is self-imposed disaster. approved by the lawmakers who can't seem to agree on how to avoid what they created in the first place. vice president joe biden and mitch mcconnell are at the center of the talks. and we're locked in urgent negotiations late last night while the senate has just reconvened while the house is on standby. good morning, sir. if it comes down to a vote, you're the one who will count the votes as the house minority whip. what are you hearing from your senate counterparts this morning? any signs of progress there? >> there are some signs of progress. we have heard that there is another offer on the table by the administration to reach agreement. in terms of the specifics, i don't k
. thank you. >>> three days to cut a deal and avoid the fiscal cliff. fox all-stars weigh in when we come back. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, therwas this guy standing there from the red cross. at a point where i had just lost everything, the idea that there was someone there... that's an amazing thing. ♪ i am modestly optimistic an agree. can be achieved. no one is going to get 100% of what they want but let's make sure that middle class families and the american economy and in fact the world economy aren't adversely impacted because people can't do their jobs. >> we engaged in discussions, majority leader myself and the white house. in the hopes we can come forward as early as sunday and have recommendati
role in the fiscal cliff negotiations that based off the current offer may only have a smaller deal. a member of the budget committee and outspoken voice on the left side of the aisle. thanks for joining me. good morning. >> mire pleasure. >> we were saying a lack of urgency in washington to deal with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what do you see as the most likely scenario moving forward. >> i don't think it's a lack of urgency, but a great deal of concern that republican party failed to do anything. it seems that in the house, boehner has no control over his extreme right wing faction. i think the american people are very clear about what they want. what they want is to ask the wealthiest people in the country to pay their fair share of taxes. there was a poll out the other day, 70% of the american people think folks making over $250,000 a year should pay their fair share. they understand that one out of four corporations are paying nothi
be the phrase of the year, the fiscal cliff, and with the calendar as the enemy the two sides desperate to hammer out a deal. this afternoon the president will sit down with congressional leaders at the white house. the hope is that both sides can agree to a compromise to prevent the economy from sliding back into a recession. but judging from some of the rhetoric on capitol hill, we still got a long way to go, folks. >> if we go over the cliff, we will be left with the knowledge that could have been prevented with a single vote. american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a de dictatdec dictatorship of the speaker. john boehner seems to care more about keeping his speaker ship. he's waiting until january 3rd to get reelected as speaker before he gets serious with negotiations. because he has so many people over there. that won't follow what he wants. that's obvious from the debacle that took place last week. >> tough words from the democrats. to the republicans, though, it's the other
. and we will be following the fiscal cliff talks tomorrow. and clayton, you'll be hear, right? >> clayton: i will. so send us any of your questions as well and your thoughts. our -- go to our web site for the after the show show. >> gretchen: happy new year, everybody. gregg: fox news alert. powerful winter storm bringing deadly weather. >> oh, wow. that is a tornado. jesus, look at that tornado. it is like two tornados. it is two funnels on the frowned. oh, lord. look at there. wow! look at that. gregg: the storm system that produced those tornados in parts of the south not done yet. now posing a potentially major roadblock for countless holiday travelers. hello, i'm gregg jarrett in for bill hemmer. >> i'm patti ann browne in for martha maccallum patti ann: local crews said there is only one thing that could have accused the damage. >> one thing they saw damage indicative of tornado damage. we had homes 90% destroyed. that doesn't happen with straight line winds. >> you have a lot of damage. people hurt and i went out with the skid steer. we rounded up equipment. we started opening the
. thanks. joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around, like there is a deal, $1 revenue for $3 spending cuts, i have never seen those deals. senator harry reid should have made sure the senate passed a budget, sometime in the past 3 years and that would be reconciled with the house and you would have a framework, you know, a budget resolution that the committee -- the appropriations committee, the house ways & means committee, senate finance committee, they would have the instructions to work on the difficult problems npublic. have a public debate. we are down now to the 59th minute of 11th hour here and have you a couple of elected officials and unelec
live ph washington, thank you. gregg: as washington debates the fiscal cliff we are also days away from another financial crisis. the u.s. government is poised to hit its debt limit on monday. what happens if congress doesn't raise the debt sealing? douglas holtz ee eakin is a former director of the nonpartisan budget direction office and is president of american action firearm. thapblgs for being with us. what happens if they don't raise the ceiling? >> ultimately congress has to raise the ceiling. it's simply naive to believe you could ever put the level of spending kick quickly become to the level of revenues and not have to borrow some more. it doesn't have to happen until february or march. ment soak of the treasury has a lot of tools available to push off when you actually hit the debt limit. waoes going the's going to do that and run the usual bag of tricks to avoid the debt ceiling. gregg: timothy geithner can move money around between now and february. we don't really need to panic, do we? >> no, you don't need to panic. essentially the he secretary of the treasury will raid re
knew the fiscal cliff could hit you hard in the paycheck should we go over it but do you know what it will do to your grocery bill? what could happen to the price of milk come the 1st of january if washington can't make a deal. my teenage son is going to not like that. >>> forget stealing mail. police say this guy went bigger. the unbelievable way investigators say he spent his christmas. jon: now some crime headlines we're keeping an eye on. a police officer killed while on patrol in suburban milwaukee on christmas eve. now her husband is behind bars, arrested on a tentative charge of first degree homicide in his wife's death. her body was found shot several times after she stopped responding to radio calls. >>> well a mail thief raises the stakes. police in anchorage, alaska, say this guy, clifford, dancer, stole four mailboxes this holiday season. and not private mailboxes. he stole the big blue ones they say, the kind you find on street corners. got busted when he tried to cash a check someone dropped in one of those boxes. >> a notorious chicago mobster dies in a federal priso
tomorrow. >> all right, jeff berardelli, thanks so much. you know about the fiscal cliff. here comes the container cliff. long shoremen plan to go on strike. that could cost american companies about billion dollars a day. anna werner is in houston at one of the ports that could be facing a walkout. good morning. >> reporter: good morning, rebecca and jeff. yes. there are two days to go before the strike deadline. they're at an impasse. at issue is pay for those working in the ports. but if it doesn't get resolved, the consequence could be a devastated impact on the economy. as the rest of the country focuses on the gridlock in houston, many are working overtime trying to get as many shipments out as they can before it comes to a standstill. the vice president of the national retail federation says a shutdown at the docks would have a ripple effect on the global economy. >> the ports are a primary piece of the global supply chain. if they're not operating efficiently, it slows down the system and hurts everything using the system. >> reporter: negotiations between the international lo
answer, a yes or a no. are they going to avoid the fiscal cliff, erick? >> no. >> how about you, cornell? >> no. >> oh, my goodness. un anymore tea. thank you. happy new year to you all. i appreciate it. >>> a ban on americans adopting russian children. vad lir putin's signature will make it official and it will crush hundreds of families. >> we rely on our faith and our hope in juice sus christ and that's what is going to get us through this. but it would just be devastating for those kids. if you need them.even drops this. but it would just be devastating for those kids. is going to get . but it wld just be devastating for those kids. what is going to this. but it would just be devastating for those kids. f year. ♪ nice sweater. thank you. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy'
to go off the fiscal cliff . the president doesn't want sequestitration to go in into affect. hope they work it out. thank you for joining us from dc. coming up. unbelievably video of a plane crashed on a busy highway . we now know what likely caused the deadly crash . go ahead and down that champagne in the new year's bash. but what you can do today to make sure you don't have a hang over tomorrow. may attention. there's the sign to the bullpen. here he comes. you wouldn't want your doctor doing your job, the pitch! whoa! so why are you doing his? only yr doctor can determine if your persistent heartburn is actually something more serious like acid reflux disease. over time, stomach acid can damage the lining of your esophagus. for many, prescription nexium not only provides 24-hour heartburn relief, but can also help heal acid-related erosions in the lining of your esophagus. there is risk of bone fracture and low magnesium levels. side effects may include headache, abdominal pain and diarrhea. call your doctor right away if you have persistent diarrhea. other serious stomach con
of the fiscal cliff negotiations. on the positive side you won be seeing $8 a gallon for milk because congress gave a one year extension for the farm bill. those who love your 75 watt light bulbs stock up while supplies last. new federal laws prohibit them to be imported or produced in 2013. the tribune company announced it's emerging from bankruptcy with new ownership and new board of directors and forbes has compiled a list of new york's resolutions that successful people make and actually keep. among them plan vacations now. wake up to the essentials first, check e-mail second. support a cause. find your purpose and go for it. go for it. new year's day marks the 150th anniversary of emancipation proclamation. president obama abraham lincoln's order that declared slaves in this country forever free. the document is once again on display. ron mott has details. >> reporter: showing its age the emancipation proclamation still draws attention. a document whose aim was to you night a country divided by war. >> it's amazing to see abraham lincoln's signature. >> reporter: today the frail order con
. "early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he
teeters on a fiscal cliff. one ohio county is sitting debt-free and how do they do it? five folks meeting in the white house, maybe they should check it out. what happened to joane cunning ham it is it a sad story. the top celebrity melt down of 2012. ♪ ♪ mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body nee
on that? >> as mike reported president obama is looking to break the fiscal cliff negotiations by giving an ultimatum to republicans either compromise on the budge deal or risk facing an up or down vote in the senate on a basic proposal that would include many elements that were previously rejected by the g.o.p. how well the next couple of display out and will the president's tactics work? joining us is jamie weinstein. what do you think of that? >> i don't know if his threats are going to work very much because even his proposal has to have the acquiescence of all senators. the fact of the matter is senators know whether they do something or not the next day after the fiscal cliff there is going to be a bill in congress to lower tax rates after all the tax rates expire below $250,000. maybe at this point it looks like the big win that the republicans might get, if you want to call it that, is extending that slightly upwards to $400,000 or $500,000. this is bare bones deal. we're not solving our fiscal approximate and not discussing it. this is going to be fought another day, perhaps in
of progress on fiscal cliff talks as those discussions ays w. see the seam? ays w. more pcessed flakes look nothing like natural grains. i'm eating what i kn is better nutrition. mmmm. great grains. search great grains and see for yourself. bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. ♪ . gregg: you know, our production team is so fantastic. they come up with such great music. how appropriate, big baby news for kim kardashian and rapper kanye west. the two now expecting their first child. west announced the news during a concert last night. calling it most amazing thing. the couple went public with their relationship back in march. you may recall that kim kardashian married nba player kris humphries in august of 2010. their divorce has yet to be finalized. you know the rest of that story. heather: then there is that. france's socialist government promising to keep fighting for higher taxes on the rich after its controversial 7
that david will ask him all about the fiscal cliff talks. that is on "meet the press." >>> and what became of john boehner because not long ago he was the leader of a powerful leader of the house, but now he can't get his caucus to vote on the much approved plan b, and he is on the sidelines watching the fiscal cliff with the rest of us. this is "hardball." [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! >>> welcome back to "hardball." the president has made clear he wants a deal, but just how will a deal get done? joining me now from the hill is nbc's kelly o'donnell. kelly, i have heard a lot today about the house bill going to one, to the senate and getting amended, and is this some kind of smoke screen for the house republicans or some kind of legislative need to use the vehicle that has already been passed? >> well, at the risk of this being the eyes glazed over moment, one of the big issues here i
to be here, thank you. >> the obvious question -- are we going over the fiscal cliff? >> well, i think we're going to find out in the next 48 hours what congress decides to do. but i think it's important for the american people to understand exactly what this fiscal cliff is. because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended and they're all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up and we're seeing signs of recovery in housing and employment numbers improving. so what congress needs to do first and foremost, is to prevent taxes from going up for the vast majority of americans. and this was a
gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening to you, too, natalie. we are watching a storm right now developing that will bring some snow to the northeast. the satellite does show that storm right now taking shape in the southeast, and it is going to move into the northeast. it's tapping into some gulf of mexico moisture. we're going to watch the timing right now. tomorrow morning, snow will be flying in the ohio valley throughout much of pennsylvania. during the day, moving into philadelphia, new york city and then into connecticut and boston by the evening. some of this blue in here, as the storm intensifies, that blue indicates some of the heavier snow. when it's all said and done, we're going to see several inches of snow in some spots. but it's going to be a fast-mover. by tomorrow night, t
people are saying this fiscal cliff deal isn't going to happen pause the two sides are too far apart and there simply isn't enough time yet. mark, i will begin with you, what happens if we go over the cliff? what will americans experience? >> well i think we are going to go over the cliff. quite frankly i think it is a good thing the prospects of getting a deal after january 1 are significantly higher and that is for three reasons. first now president obama has all the leverage. after january 1st the leverage shifts to the gop. because president obama perfectly going over the fiscal cliff to blame republicans because he can't default on the debt. he will have to compromise between now and february. second of all the baseline gets reset if the tax cuts expire. everybody will propose a tax cut in january and right now we're fighting whether to increase taxes or not. you can see possibility of a deal seen as win-win for both sides. third, if republicans don't come up with a deal, a bad deal right now, they still have the $800 billion in revenue they put on the table from limiting deduct
vacation short and heading back to washington before we fall off of the fiscal cliff . can a deal be reached. >> a deadly winter storm unleashing snow and tornados . now thousands ever cleaning up and holiday travelers are stuck. i am tracking where the storm ised hading next. >> thank you, rick. take the gift card and hit the stores this morning. wait until "fox and friends" is over and then leave. "fox and friends" begins right now. "fox and friends". >> gretchen: good morning, i am gretchen carlson we are joined by clayton morris . rick as well . these are great guys, but clayton, because he is a tech guru of folks news and here to help all of us today. >> tech support this morning f. you have tech-related questions. send them and i will attempt to answer them all. i answered all of them. my wife said what are you doing on twitter? i said i am helping me. >> gretchen: we have big storms brewing and rick, you are aptly sitting to the right of me and you will help people get out of town. >> 30 tornados and a big one in mobile, alabama and more tornados and a blizzard. i will try
of the late breaking developments on the fiscal cliff negotiations which are coming down to the wire. it's a working weekend in washington. have a great weekend and a happy new year. "anderson cooper 360" starts right now. >>> john, thanks. we begin tonight with breaking news about your paycheck, your unemployment check, your defense job, the entire economy, you name it. all of it is at stake if the country goes over the fiscal cliff. it's a cliff that lawmakers built. they set the tuesday deadline, they knew it was coming for more than a year. but even now, they have done little to agree to a package before that time. keeping them honest, the people in this building have known what's coming on tuesday, yet they're only returning to this building to get back to work just now. senators came back yesterday. house members, well, they woet be back until sunday. this afternoon, house and senate leaders met with president obama at the white house. they talked for about an hour. afterwards, president obama said he was modestly optimistic. bypassing house speaker john boehner who had trouble get
the opening and loophole in your fiscal cliff. ainsley: always thinking, santa. clayton: thanks so much. we'll check back later. merry christmas. >> merry chris mag -- christmas, everyone. clayton: last minute traditions, getting eggnog ready, hanging out with the family and we want to find out what your favorite christmas movies and watching christmas eve and christmas day. marist put together a poll of top christmas movies of all time. drum roll. here is the number one christmas movie of all time according to you who voted. it is, roll it. [laughter] >> like snowball's family. ♪ . >> listen, jerk. when i tell you to come, you better come. >> what, are you going to cry now? come on cry, baby cry, cry for me. come on, cry. >> deep from the recesses of my brian a tiny red hot little flame began to grow. clayton: seems like a really mean movie. it looks horrible. rick: it's not. it is very, very funny. 1983 "a christmas story", was number one on the list. and number two on the list, not too far behind but a little bit behind is, this movie. it's a wonderful life. >> hey george. george. you
is pushing federal lawmakers to resolve the fiscal cliff. he ask asking workers at all 120 washington stores to write come together on every cup they hand to customers thursday and friday. he said he wants to send a message to lawmakers to find common ground and fix the issue. they will also take out ads in the post and new york times with the same message. >>> oil prices started eing up after the president announced he would return from vacation early to work on the fiscal cliff. oil ensiles for almost $91 a barrel. that's up nearly two dollars barrel. >> japan's new prime minister has just been confirmed. he is the 7th in six years. it's not the first time he has held the title. >> reporter: a remarkable come back is now complete here in japan. elect on wednesday, follows his party's landslide win in general elections earlier this month. he has now taken the reigns and revealed his cabinet revealing the former prime minister who will be deputy prime minister and finance minister. as the 58-year-old returns to the top post that he left in 2007, his to do list this time is very long. front
in the fiscal cliff fight. i put my faith in them to continue to raise this flag and to say, we cannot let congress leave washington without taking care of these folks. >> john nichols, as always, thank you so very much, my friend. that's it for the ed show. ezra klein is filling in for rachel tonight. always good to see you, my friend. >> good to see you too, and happy friday. and thanks to you at home for sticking around for the next hour. rachel's got the night off, but we learned something huge today. we are going over the fiscal cliff. we are going either all the way over or going partly over, but we are definitely, definitely going over. that whole fiscal cliff thing, where congress and the white house can't reach a deal on taxes and spending before the end of the year and they maybe get us into a recession, it's definitely happening. that was the whole point of president obama's press conference this afternoon. >> i still want to get this done. it's the right thing to do for our families, for our businesses, and for our entire economy. but the hour for immediate action is here. it i
on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "hardball," the place for politics. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give flo
-called fiscal cliff and now has to live by it over the next several hours to see if something can get done. erica? >> kelly o'donnell, thank you. chuck todd is nbc's political director. kelly mentioned some constructive movement but then there's this chasm we keep hearing about. is there a chance for a deal? >> i think -- i want to say yes, there's a chance for a deal! they're not that far apart. it really depends on the political motivations of the people at the negotiating table. you think about joe biden and mitch mcconnell, mitch mcconnell is totally looking at this through a political lens, what is in the best interest of republicans in his view? from what i understand in his view he thinks what's in the best interest of the republican party is getting the tax issue off the table and then having a big knockdown, drag-down fight with the president in six weeks over the debt ceiling. under that scenario, that would tell me, okay, he's likely to want to make a deal. when you look at the actions that republicans threw out that idea of throwing in the social security change and suddenly de
for avoiding your own personal fiscal cliff in 2013. >>> now, just a couple of days after the east coast endure add powerful storm another one is about to hit, bringing even more snow and rain and all of those problems that come with that. here this morning with more on that is jeff berardelli meteorologist at our station in miami. good morning to you, jeff. >> good morning to you seth and good morning to you, everybody. you know this is turning out to be a pretty significant system. we've already had three inches of snow in parts of kentucky. it's moving east into central pennsylvania as well in fact. as we zoom into the radar you see heavy snow. into the southern tier of new york moving into buffalo. what's going to happen with this system is the main low is going to transfer its energy to the coast and that is going to become the primary storm that's going to rise up the eastern seaboard and probably pretty significant places below. but even the major i-95 cities like new york, philly and boston will see significant snow from this. >> what happens here? how much wo
on the fiscal cliff deal. besides being the leader of catholic church, pope benedict xvi is challenged author. it challenges part of the traditional nativity scene. we look another faith and facts surrounding the first christmas. ♪ ♪ >> reporter: pope benedict xvi dons the scholar hat in the latest booth. book, exploring the christmas story as event in history. >> gospel story of jesus is historical. pope distinguishes that. symbolic approach. like when augustus is emperor of rome he situates this at specific time. it's unlike mythic language like once upon a time. or "star wars" long, long ago in galaxy far,f away. >> he was a prolific author before becoming pope. but this book had an initial printing of unprecedented million copies in nine languages and hitting bookstores in 50 countrys. >> he takes a study of the iconic images. animals in the manger. neither one of the two gospels that contain the birth narrative matthew and luke mentions them present. >> he points out in the gospel story itself you don't find reference. but later they appeared. >> the pope writes that jesus was born e
of "saving like a paper." this is a treat. >> thanks for having me. >> how much does the fiscal cliff impact what we're saving on taxes? >> well for middle income people, the tax increase is going to be about $2,200 and for higher income people that's the part that's been talked about a lot, people with $200,000 in income or $250,000 per couple. they're going to get hit. then there's also going to be increases in the dividends that you pay, the dividend income that you get. there's going to be increases in capital gains taxes. >> mom, when it comes to budgeting for the future you've always taught me to put money aside in my 401(k). it was the thing you told me to do when i got my first job. what should people be doing with their retirement savings? >> right now people are in the best shape possible to save for their future. they might not feel like that after the financial crisis. but if taxes go up you're not going to be able to save as much in the future so i've been urging everyone to save as much as they can possibly save right now, and the key is going to be
the fiscal cliff. so still a little bit more hope than what we woke up this morning, but no one is counting on being off on new year's eve. >> randy. >> jessica, thank you, more now on the raw politics, good to see you both. cornell, let me start with you here, the president said he wanted to see a straight up or down vote. as we mentioned that could happen in the senate. we could lose the up or down vote. >> you are going to see something come out of the senate. you have to pay attention to the tone, i think you will see something come out of the senate on up and down, but i think the problem comes on the house side, whether or not in fact speaker john boehner is going to allow what the senate sends their way to go on an up or down vote, without having a majority of the majority. >> and ross, this is what speaker boehner said he wants to push off to the senate. but nothing we saw today can answer the big question. could house republicans now be ready to accept a compromise even if they don't like what is in it? >> i think a lot depends on what the democrats are willing to give at this poin
the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now just six days away from the so-called fiscal cliff. and a mad scramble is on here in washington to avoid the drastic tax hikes and spending cuts that many fear will plunge the economy back into recession. president obama flies back from hawaii tonight to be ready if the senate comes back with a plan when it returns to work tomorrow. and house leaders are huddling with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come
-called fiscal cliff, new report that is the president has a back-up plan. we are live in hawaii next on what that might look like. gregg: and mother nature throwing a huge wrench into the holiday travel rush. the latest check on the weather conditions and travel delays next. heather: can one of the survivors of the sandy hook elementary school shooting tragedy speaks out. how the school principal and two other school employees saved her life. >> the three of them were shot, and they yelled back, shooter, stay put. they saved my life and the life of four others who were at that meeting. gregg: another fox news alert. this new development in the fight over the fiscal crisis as lawmakers head home for the holidays. there are reports president obama is scaling back his hope for a sweeping budget bargain with republicans. welcome to a brand new hour of "america live". i'm gregg jarrett. heather: i'm heather childers. we're in for megyn kelly. the president reportedly looking to strike a smaller deal that would extend tax cuts for the middle class without tackling spending cuts as reports surfaced
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